Executive Order No. 52 (2011) — Paragraph 5 (b) (ii) of Annex 1 of the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea (AKFTA TIG Agreement) stipulates that ASEAN 6, which includes the Philippines, shall eliminate tariffs on at least 90% of the tariff lines placed in the Normal Track not later than 01 January 2009. Executive Order (EO) No. 812 (s. 2009), which imp

Home›Statutes›Executive Orders›Executive Order No. 52 (2011)

Executive Order No. 52 (2011)

Paragraph 5 (b) (ii) of Annex 1 of the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea (AKFTA TIG Agreement) stipulates that ASEAN 6, which includes the Philippines, shall eliminate tariffs on at least 90% of the tariff lines placed in the Normal Track not later than 01 January 2009. Executive Order (EO) No. 812 (s. 2009), which imp

Jump to section

SECTION 1 · Rates of Import Duty SECTION 2 · Levy on Articles SECTION 3 · Separability Clause SECTION 4 · Repealing Clause SECTION 5 · Effectivity

SECTION 1

Rates of Import Duty

SECTION 1.

Rates of Import Duty. The articles specifically listed in the Annex hereof, as classified under Section 104 of the Tariff and Customs Code of 1978, as amended, shall be imposed the AKFTA rate in accordance with the schedule indicated opposite each article for a period of twelve (12) months.

The AKFTA rates so indicated shall be accorded to imports coming from parties to the AKFTA TIG agreement subject to qualification under the Rules of Origin as provided for in the said Agreement.

The nomenclature and the rates of import duty on tariff headings not enumerated and those listed but replaced by the symbol —XXX— shall remain in force and effect.

SECTION 2

Levy on Articles

SECTION 2.

Levy on Articles. Upon the effectivity of this Executive Order, all articles listed in the Annex which are entered and withdrawn from warehouses in the Philippines for consumption shall be levied the AKFTA rates of duty for twelve (12) months, thereafter, the reciprocal tariff treatment provided under EO No. 638 shall apply.

SECTION 3

Separability Clause

SECTION 3.

Separability Clause. If any provision of this Executive Order is declared invalid or unconstitutional, the other provisions not affected thereby shall remain valid and subsisting.

SECTION 4

Repealing Clause

SECTION 4.

Repealing Clause. All orders, rules, regulations, and issuances, or parts thereof, which are inconsistent with this Executive Order, are hereby repealed, amended, or modified accordingly.

SECTION 5

Effectivity

SECTION 5.

Effectivity. This Executive Order shall take effect immediately upon publication in a newspaper of general circulation.

DONE, in the City of Manila, this 5th day of August, in the year of Our Lord, Two Thousand and Eleven.

(Sgd.) BENIGNO S. AQUINO III

By the President:

(Sgd.) PAQUITO N. OCHOA, JR. Executive Secretary